Levels are redrafted

30 April 2015, EUR/USD

Levels are redrafted 4 hours’ chart of EURUSD. Splash of volatility led to redraft of Murrey levels. At present, the price is pulling back from the line of week’s SuperTrend. This is a correctional movement. We shall wait when correction is over on 4 hours’ chart of SuperTrend. This dynamic support level works well on trend movement. Therefore, we expect that growth will be renewed from it and its target will be based on the main level of support and resistance (4/8).

FreshForex Analyst
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